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pinecone64
Joined: 01 Jun 2005
Posts: 102
Location: EAST TEXAS PINE FOREST
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| Posted: Mon Jul 17, 2006 7:27 pm Post subject: Monday July 17.06 ebay info from the street |
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Cramer is on the war path with Meg W again! She was in Sun Valley. why?
It is worth you time to watch. I think he is on the track of why we are not selling what we once did on ebay.
His show reruns on my Dish CNBC tonight. 2X at 9PM and 11PM. You will need to check you local times and station.
His lecture on ebay was in the first 15 min of his hour long show.
I will post the links to the internet summary when it is up, but do try to watch it is a wow or it was to me!!
Happy Days
pinecone64 |
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beckysthisnthat
Joined: 02 Mar 2005
Posts: 1577
Location: Texas
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| Posted: Mon Jul 17, 2006 7:42 pm Post subject: Re: Monday July 17.06 ebay info from the street |
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| No cable or satelite :cry: :wink: |
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CrystalStar
Joined: 06 Mar 2005
Posts: 3571
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| Posted: Tue Jul 18, 2006 4:07 am Post subject: |
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| I'll wait for the summary...probably would just get PO'd if I tried watching the program!! |
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psunite
Joined: 27 Jan 2005
Posts: 6213
Location: Columbus OH
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| Posted: Tue Jul 18, 2006 12:37 pm Post subject: Re: Monday July 17.06 ebay info from the street |
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Here is a link to Cramer's 'Mad Money' Recap: A Muzzle for Talking Heads
This is what he said about ebay.
"Next, taking a look at eBay, Cramer said the company's e-commerce business is not doing well, and its online auction business is seeing slowing growth because of saturation.
Not only is the sector bad, but it is also not cheap for its group, when comparing it with Yahoo! (YHOO - commentary - Cramer's Take), Cramer said.
eBay's management is in denial and unable to recognize what's wrong with the company. Additionally, the future for the company looks pretty bleak, as Internet stocks have no defenses, Cramer said.
After performing the diagnostic test, Cramer said he would sell some eBay now. However, he said he would not sell all of it at once, because snap-back rallies do occur. " |
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nopaypal
Joined: 23 Feb 2006
Posts: 2008
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| Posted: Tue Jul 18, 2006 1:38 pm Post subject: Re: Monday July 17.06 ebay info from the street |
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Quote: › docWrite("quote")its online auction business is seeing slowing growth because of saturation.
well, he's got that right--they have something like 90% market saturation in this country. that's not just a mature bidness--that's a geezer!
:lol:
which is why they were so rabid to crack the china market...oh well.
:P |
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